Greece is the Word and How You Can Avoid Your Retirement Savings From Getting “Greeced”

Greek PM to Launch Coalition Talks- AP

Embattled Greek Prime Minister George Papandreou is preparing to start talks to try to form a four-month coalition government, aimed at securing continued rescue funds for the near-bankrupt eurozone country.

Greece is the word! The markets will start to become more and more volatile. If you don’t think what is happening in Greece can’t happen here you really need think deeply about your denial.

The impact Greece can and will have will have an impact on our markets and money. Protect yourself now.

The Dow has been flirting – yet again – with the 12,000 level – a
milepost it first crossed more than five years ago.

Since then, we’ve had some of the most volatile ups and downs in
stock market history. And the typical investor still has nothing to
show for the past 12 years of ups and downs like a ride at Disney World, not
to mention how inflation since then has eaten away at the
purchasing power of your dollars. The boomer generation id the first generation expected to spend more years not working than years spent working making inflation fears even moiré concerning.

If that news isn’t bad enough, this week Bloomberg.com reported
that ordinary long-term government bonds have beaten the S&P 500
for the past THREE DECADES.

Americans are scared to death of outliving their
money – and rightly so. More than half of Americans are now
projected to be at risk of having to significantly lower their
living standard in retirement. Learn how you can protect your money from market losses, taxes and inflation.

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Dr. George Stanley, M.D. MBA

(Source – Center for Retirement Research at Boston College)